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Income Tax - Highlights / Catch Notes

Home Highlights June 2022 Year 2022 This

Deduction u/s 80IB(11A) - the export entitlements (MEIS) and the ...

Case Laws     Income Tax

June 8, 2022

Deduction u/s 80IB(11A) - the export entitlements (MEIS) and the duty drawback of promotion scheme is an income asssessable under the head “profits or gains from business or profession” as per clause (iiib) and (iiid) to section 28 of the IT Act, 1961 - Deduction allowed - AT

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  2. Processing of Merchandise Exports from India Scheme (MEIS) applications for SEZs Exports - Public Notice

  3. The petitioner had exported goods eligible for the Merchandise Exports from India Scheme (MEIS) under Chapter 3 of the Foreign Trade Policy and claimed duty drawback u/s...

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  9. Amendments in the Appendix 3B, Table 2 of the Merchandise Exports from India Scheme (MEIS)

  10. Amendments in the Appendix 3B, Table 2 of the Merchandise Exports from India Scheme (MEIS)

  11. Amendments in the Appendix 3B of the Merchandise Exports from India Scheme (MEIS)

  12. Export Promotion Capital Goods Scheme (EPCG Scheme) - authority calls upon the petitioner to produce various export documents to establish the discharge of export...

  13. Phasing out of physical copies of Merchandise Exports from India Scheme (MEIS)/Services Exports from India Scheme (SEIS) Duty Credit Scrips issued with EDI port as Port...

  14. Demand of excess paid drawback – recovery of duty drawback after revision in rate can be initiated u/s 11A read with Rule 16 of duty drawback rules, 1998 - CGOVT

  15. Export incentive is not eligible for deduction u/s 80IB

 

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